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When designing incentives for a manager, the trade-off between insurance and a good allocation of effort across various tasks is often identified with a trade-off between the responsiveness (sensitivity, precision, signal-noise ratio) of the performance measure and its similarity (congruity,...
Persistent link: https://www.econbiz.de/10010268002
Incentives often fail in inducing economic agents to engage in a desirable activity; implementability is restricted. What restricts implementability? When does re-organization help to overcome this restriction? This paper shows that any restriction of implementability is caused by an...
Persistent link: https://www.econbiz.de/10010278365
Incentives often fail in inducing economic agents to engage in a desirable activity; implementability is restricted. What restricts implementability? When does re-organization help to overcome this restriction? This paper shows that any restriction of implementability is caused by an...
Persistent link: https://www.econbiz.de/10008727777
basis of individual performance and the other graded on the basis of the team performance. We find that students assigned to … socially connected teams perform significantly better than control students in both the team part and the individual part of …
Persistent link: https://www.econbiz.de/10011559685
This paper analyzes the impact of labor market competition and skill-biased technical change on the structure of … compensation. The model combines multitasking and screening, embedded into a Hotelling-like framework. Competition for the most … perfect competition, the resulting efficiency loss can be much larger than that imposed by a single firm or principal, who …
Persistent link: https://www.econbiz.de/10010293214
This paper analyzes the impact of labor market competition and skill-biased technical change on the structure of … compensation. The model combines multitasking and screening, embedded into a Hotelling-like framework. Competition for the most … perfect competition, the resulting efficiency loss can be much larger than that imposed by a single firm or principal, who …
Persistent link: https://www.econbiz.de/10010635587
this paper, however, we demonstrate that this may not hold in team settings. In the context of sequential team production …
Persistent link: https://www.econbiz.de/10010278589
importance of individual, team, and company performance for compensation, we find a significant positive relation between the … intensity of team incentives and several survey measures of cooperation. Moreover, higher powered team incentives are associated …
Persistent link: https://www.econbiz.de/10010278772
Many organizations rely on teamwork, and yet field evidence on the impacts of team-based incentives remains scarce …. Compared to individual incentives, team incentives can affect productivity by changing both workers' effort and team … precise when the provision of team-based incentives crowds out the productivity enhancing effect of social connections under …
Persistent link: https://www.econbiz.de/10010282519
. The resulting team structure included several offices (subteams) within the same team, defined by the remuneration scheme …. In this paper we analyse the strategic interactions across subteams created by a two-level team structure, in order to … assess whether rewarding collective performance necessarily promotes cooperation. We show that such team structure creates …
Persistent link: https://www.econbiz.de/10010287638